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[ Wed, Jan 15th 2025 ]: techUK
Tech Policy: A Year in Review 2024

Schumer: Deal done for $825M Albany NanoTech chip lab

Senate Majority Leader Chuck Schumer announced a significant investment of $825 million for the Albany NanoTech Complex, aimed at enhancing U.S. semiconductor research and development. This funding, part of the CHIPS and Science Act, will support the construction of a new facility at the University at Albany's College of Nanotechnology, Science, and Engineering. The new lab will focus on advancing semiconductor technology, crucial for national security and economic competitiveness. Schumer highlighted that this investment will not only bolster New York's role in the global tech industry but also create jobs and foster innovation in chip technology, positioning the U.S. to lead in the next generation of semiconductor manufacturing.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/schumer-deal-done-for-825m-albany-nanotech-chip-lab/ar-AA1xg18n ]